Reference no: EM131217851
Consider the following scenario:
You have held conversations with Precision Part's leaders and obtained the following information, which you want to use in the development of a 4-year strategic management plan. PPQ Parts employees now number 5,000, and all are currently employed in the United States. It plans to grow to 10,000 employees in 4 years. New facilities will be needed in international expansion, and PPQ Parts anticipates building most of those (80%) outside the United States. PPQ Parts holds 5% of the world market share on small SUVs, but its goal is 9% in 4 years. Current stock price is $10 per share. The goal is $22 a share. Profit margin 3-year average is 6%. Industry average during this time has also been 6%. The company goal is 13% in 4 years. PPQ Parts has averaged 28% employee turnover during the last 3 years. This is compared to an industry average of 25%. The goal of the company is to increase employee retention by lowering annual turnover to 17%. PPQ Parts contributes to all the local communities in which it is doing business. This is one of its corporate values. Current charity is 0.5% of total profits, but the company would like to raise that to 5% in 4 years.
Assignment
A strategic management plan is vital for the company business today.
Review the company scenario at the beginning of the course for additional information regarding growth goals.
Create a basic strategic management plan for PPQ Parts including quantifiable goals and measures. Include the following in your report:
- Provide environmental scanning of current conditions in the area of expansion including economy, competition, political stability, and so forth.
Address internal resource analysis such as managerial and financial strengths and weaknesses.
Please include short-term and long-term strategic goals. Location consideration for implementation is vital.
Please explain the benefits and limitations for expansion in your chosen area.
|
What three key writers most influenced that change
: How have your thoughts on cultural diversity and minority changed since the beginning of this course and what three key writers most influenced that change? Consider the terms we have discussed: cross-culture, diversity, mestiza consciousness, bor..
|
|
Prepare a research paper describing the manage conflict
: Required to generate a research paper describing the assigned topic, the paper must be at least 5 pages in length, and must use APA style. must use at least 5 scholarly references in total. and one of reference sjpi;d be the class text.
|
|
List all the functional dependencies exist in the relation
: COIT20247 Database Design and Development Assignment. Select any two (2) of your relations from the previous step, 1a), and perform the following for each of those two relations: List all the functional dependencies exist in the relation. Demonstrate..
|
|
Find how much you will have accumulated in the account
: You have $2500 to invest today at 5% interest compounded annually. Find how much you will have accumulated in the account at the end of? 4 years , 8 years and 12 years. Compare and contrast your findings in part b.Explain how the amount of interest e..
|
|
Create a basic strategic management plan for ppq parts
: Provide environmental scanning of current conditions in the area of expansion including economy, competition, political stability, and so forth.
|
|
Explain the development of cubism and the artistic movements
: Describe Pablo Picasso's Demoiselles d'Avignon. How did this work re-shape the art of the early twentieth century? Include in your discussion the influences coming from Primitive art. Use examples to support your essay.
|
|
How to win friends and influence people
: How to Win Friends and Influence People? Apply these rules at every opportunity. If you don't you will forget them quickly. Only knowledge that is used sticks in your mind.
|
|
Business process change plan
: Evaluate implementation and continuous improvement methodologies as they relate to the Business Process Change you identified.
|
|
Pros and cons of each of the six software systems
: In the report, be sure to justify your recommendations by analyzing the pros and cons of each of the six software systems you evaluated. You will need to include information such as cost, compatibility with current systems and work flow processes,..
|